Economy shows resilience; jobless rate falls as dollar rises
(AP)
- AP - The economy showed off unexpected signs of resilience Friday as job losses slowed, the dollar gained a bit of muscle for a change and there were even indications that food prices may be easing. The unemployment rate dipped, though that may not last. |
Microsoft, Yahoo could reach weekend deal: sources
(Reuters)
- Reuters - Microsoft Corp and Yahoo Inc are making last-minute efforts to seal a deal before Microsoft takes its Yahoo bid hostile or abandons it altogether, sources familiar with the matter said on Friday. |
Ford to offer union buyouts at two U.S. plants
(Reuters)
- Reuters - Ford Motor Co will offer buyouts to United Auto Workers union-represented hourly employees at plants in Chicago and Louisville, Kentucky, to try to trim its ranks, the company said on Friday. |
Toyota recalls 90,000 Highlanders over seat belts
(Reuters)
- Reuters - Toyota Motor Corp (7203.T) is recalling 90,000 model year 2008 Highlander and Highlander hybrid sport utility vehicles due to potential problems with securing child safety seats in third row seats. |
Fed backs credit card reforms
(Reuters)
- Reuters - The Federal Reserve on Friday joined other U.S. banking regulators in backing new limits on certain billing practices by credit card companies. |